LUSTIG MATTHEW J

SEC source: 0000740260-18-000163 · wf-form4_153851312749359.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,220.31

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of October 1, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-18-000127 · wf-form4_153842287355335.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,758.87

Underlying: Common Stock, par value $0.01 · 204.12 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 35.18 Phantom Stock Units acquired as quarterly dividend equivalent rights on July 31, 2018. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

F4 · balance_after: Reflects an increase of 2.41 Phantom Stock Units to correct an administrative error on the Reporting Person's Form 4s filed on April 2, 2018 and July 2, 2018.

SEC source: 0000740260-18-000151 · wf-form4_153376611572915.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,734.019

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of August 7, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-18-000138 · wf-form4_153151436952895.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,708.334

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 12, 2018. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of July 12, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-18-000130 · wf-form4_153056352570397.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,531.657

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of July 1, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-18-000120 · wf-form4_153054184428243.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,517.16

Underlying: Common Stock, par value $0.01 · 169.19 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 33.71 Phantom Stock Units acquired as quarterly dividend equivalent rights on April 30, 2018. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

SEC source: 0000740260-18-000120 · wf-form4_152874973547411.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,070.726

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of June 8, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-18-000107 · wf-form4_152813160875120.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,068

Underlying: Common OP Units · 1,047 shares

Expires not disclosed

F1 · security: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

F1 · derivative.exercise_price: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

F1 · derivative.exercise_date: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

F2 · derivative.exercise_date: The 1,047 LTIP Units will vest on the earlier of (i) May 31, 2019 and (ii) the date of Boston Properties, Inc.'s 2019 annual meeting of stockholders.

F1 · derivative.expiration_date: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

SEC source: 0001246991-18-000100 · wf-form4_152813133235419.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,068

Underlying: Common Stock, par value $0.01 · 1,047 shares

Expires not disclosed

F1 · security: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

F1 · derivative.exercise_price: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

F1 · derivative.exercise_date: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

F2 · derivative.exercise_date: The 1,047 LTIP Units will vest on the earlier of (i) May 31, 2019 and (ii) the date of the Issuer's 2019 annual meeting of stockholders.

F1 · derivative.expiration_date: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

SEC source: 0000740260-18-000107 · wf-form4_152650377473746.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,043.374

F1 · shares: Restricted stock units granted by Issuer pursuant to the Ventas, Inc. 2012 Incentive Plan (the "Plan"). Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan. These restricted stock units vest in two equal annual installments on the date of the Issuer's 2019 Annual Meeting of Stockholders and the date of the Issuer's 2020 Annual Meeting of Stockholders.

F2 · balance_after: As of May 15, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-18-000085 · wf-form4_152391481418061.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,886.374

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on April 12, 2018. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of April 12, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-18-000068 · wf-form4_152278901188937.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,684.254

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of April 1, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-18-000071 · wf-form4_152268583353975.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,314.26

Underlying: Common Stock, par value $0.01 · 197.82 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 32.95 Phantom Stock Units acquired as quarterly dividend equivalent rights on January 30, 2018. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

SEC source: 0000740260-18-000018 · wf-form4_151613996444093.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,154.272

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on January 12, 2018. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of January 12, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-18-000009 · wf-form4_151501502439754.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,986.098

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of January 1, 2018, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-18-000008 · wf-form4_151492364170963.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,083.49

Underlying: Common Stock, par value $0.01 · 164.39 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 30.26 Phantom Stock Units acquired as quarterly dividend equivalent rights on October 31, 2017. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

SEC source: 0000740260-17-000155 · wf-form4_151078323481718.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,611.16

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: As of November 14, 2017, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-17-000133 · wf-form4_150697991870572.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,588.097

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: Includes 128.514 units acquired on September 29, 2017 under the Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on September 29, 2017.

F3 · balance_after: As of October 1, 2017, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-17-000165 · wf-form4_150705775397962.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,888.84

Underlying: Common Stock, par value $0.01 · 149.54 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 29.22 Phantom Stock Units acquired as quarterly dividend equivalent rights on July 31, 2017. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

SEC source: 0000740260-17-000115 · wf-form4_149928660551266.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,114.12

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: Includes 115.566 units acquired on June 30, 2017 under the Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on June 30, 2017.

F3 · balance_after: As of July 1, 2017, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-17-000155 · wf-form4_149926809914007.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,710.08

Underlying: Common Stock, par value $0.01 · 159.43 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 26.80 Phantom Stock Units acquired as quarterly dividend equivalent rights on April 28, 2017. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

SEC source: 0001246991-17-000144 · wf-form4_149634381930235.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,021

Underlying: Common OP Units · 1,050 shares

Expires not disclosed

F1 · security: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

F1 · derivative.exercise_price: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

F1 · derivative.exercise_date: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

F2 · derivative.exercise_date: The 1,050 LTIP Units will vest on the earlier of (i) May 31, 2018 and (ii) the date of Boston Properties, Inc.'s 2018 annual meeting of stockholders.

F1 · derivative.expiration_date: Issued pursuant to Boston Properties, Inc.'s ("BPI"), the Issuer's general partner, equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Issuer ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be redeemed, at the election of the holder, for cash equal to the then fair market value of a share of common stock of BPI except that BPI may, at its election, acquire each Common OP Unit so presented for redemption for one share of common stock of BPI. LTIP Units have no expiration date.

SEC source: 0001246991-17-000136 · wf-form4_149634366787065.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,021

Underlying: Common Stock, par value $0.01 · 1,050 shares

Expires not disclosed

F1 · security: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

F1 · derivative.exercise_price: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

F1 · derivative.exercise_date: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

F2 · derivative.exercise_date: The 1,050 LTIP Units will vest on the earlier of (i) May 31, 2018 and (ii) the date of the Issuer's 2018 annual meeting of stockholders.

F1 · derivative.expiration_date: Represents units of limited partnership interest in Boston Properties Limited Partnership ("BPLP"), of which the Issuer is the general partner, issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in BPLP ("Common OP Unit"). Each Common OP Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common OP Unit so presented for one share of Common Stock. LTIP Units have no expiration date.

SEC source: 0000740260-17-000100 · wf-form4_149522515839653.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,674.72

F1 · shares: Restricted stock units granted by Issuer pursuant to the Ventas, Inc. 2012 Incentive Plan (the "Plan"). Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan. These restricted stock units vest in two equal annual installments on the date of the Issuer's 2018 Annual Meeting of Stockholders and the date of the Issuer's 2019 Annual Meeting of Stockholders.

F2 · balance_after: As of May 18, 2017, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-17-000080 · wf-form4_149133833970669.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,450.72

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: Includes 117.928 units acquired on March 31, 2017 under the Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on March 31, 2017.

F3 · balance_after: As of April 1, 2017, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-17-000111 · wf-form4_149132688590888.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,523.85

Underlying: Common Stock, par value $0.01 · 172.76 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan (the "2012 Plan") to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes 24.91 Phantom Stock Units acquired as quarterly dividend equivalent rights on January 30, 2017. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the 2012 Plan.

SEC source: 0000740260-17-000011 · wf-form4_148356636824782.xml · nonDerivative · entry 2

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,986.851

F3 · shares: Restricted stock units granted by Issuer pursuant to the Ventas, Inc. 2012 Incentive Plan (the "Plan"). Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan. These restricted stock units vest in two equal annual installments beginning on the first anniversary of the date of the grant.

F4 · balance_after: As of January 1, 2017, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0000740260-17-000011 · wf-form4_148356636824782.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,086.851

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Deferred Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Deferred Plan.

F2 · balance_after: Includes 116.773 units acquired on December 30, 2016 under the Deferred Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on December 30, 2016.

SEC source: 0001246991-17-000010 · wf-form4_148355948892868.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,326.18

Underlying: Common Stock, par value $0.01 · 169.94 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person when and as dividends were paid on the Issuer's Common Stock.

SEC source: 0001246991-16-000545 · edgar.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,156.24

Underlying: Common Stock · 22.3 shares

Expires not disclosed

F1 · derivative.exercise_price: The rights convert into Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: Acquired as quarterly dividends on October 31, 2016. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The rights are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties Board of Directors.

F2 · derivative.expiration_date: Acquired as quarterly dividends on October 31, 2016. The rights were granted as a component of the Phantom Stock Units that were awarded under the Second Amendment and Restatement of the Boston Properties, Inc. 1997 Stock Option and Incentive Plan or, following May 15, 2012, under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The rights are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties Board of Directors.

SEC source: 0000740260-16-000317 · wf-form4_147552652853116.xml · nonDerivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,610.193

F1 · shares: Common stock in the form of units granted under the Ventas Nonemployee Directors' Deferred Stock Compensation Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan.

F2 · balance_after: Includes 93.108 units acquired on September 30, 2016 under the Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on September 30, 2016.

F3 · balance_after: As of October 3, 2016, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.

SEC source: 0001246991-16-000531 · edgar.xml · derivative · entry 1

LUSTIG MATTHEW J · CIK 0001203367 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,133.94

Underlying: Common Stock · 134.82 shares

Expires not disclosed

F1 · derivative.exercise_price: The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.

F2 · derivative.exercise_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F2 · derivative.expiration_date: The Phantom Stock Units are awarded under the Boston Properties, Inc. 2012 Stock Option and Incentive Plan to non-employee directors who elected to receive Phantom Stock Units in lieu of director cash compensation fees. The Phantom Stock Units are to be settled in shares of Common Stock (except that fractional units, if any, will be settled in cash) upon the Reporting Person's retirement from the Boston Properties, Inc. Board of Directors.

F3 · balance_after: Includes Phantom Stock Units received pursuant to dividend equivalent rights which were credited to the Reporting Person when and as dividends were paid on Boston Properties, Inc. Common Stock.